Synonyms for

Monopoly

Verb / mʌˈnɑ:pʌli: / Another word for monopoly — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

The exclusive possession or control of the supply or trade in a commodity or service.

Synonyms & similar words

monopoly dominance hegemony control supremacy monopolization monopolism corner command grip hold domination rule reign power authority sway influence ascendancy mastery

Synonyms by register

Formal

exclusive control sole proprietorship oligopoly cartel

Informal

lockout corner hold

Literary

sole dominion unrivaled sway

Antonyms

competition rivalry openness multitude disruption shared control

Common collocations

  • natural monopoly
  • legal monopoly
  • economic monopoly
  • break a monopoly
  • monopoly power
  • monopoly market
  • monopoly game

Word family

noun monopoly
verb monopolize
adjective monopolistic

Usage note

Often used in economics and business contexts. Can also refer to a board game. Be careful not to confuse with 'monopsony' (a single buyer).

Example sentences

  1. The telecommunications company had a monopoly on the local market.
  2. The government broke up the monopoly of the oil industry.
  3. The game of Monopoly is all about buying and selling properties to gain a monopoly.
  4. The company's monopoly on the production of that particular toy made it difficult for competitors to enter the market.
  5. The electric company had a monopoly on the distribution of power in the city.

Quotes

  • The end of law is not to abolish or restrain, but to preserve and enlarge freedom. For in all the states of created beings capable of law, where there is no law, there is no freedom. - John Locke
  • The shadow is what we think of it; the tree is the real thing. - Abraham Lincoln
  • Monopoly is the condition of every successful business. - Peter Thiel

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